Stay Secure and Audit-Ready with SIM from Licenseware, Powered by Lansweeper

Written by Lansweeper 🦔 original article

Managing software assets is more than simply tracking licenses. It requires a comprehensive understanding of your entire software environment to optimize costs, ensure software license compliance, and mitigate risks. The complexity of Software Asset Management (SAM) means that organizations are often left with gaps in visibility, overspending on unnecessary licenses, or exposed to costly non-compliance risks.

Studies show that 76% of companies over-license their software to avoid penalties from audits, while 85% of organizations fail to fully comply with their software license agreements. Worse yet, an  estimated $34 billion is wasted annually on unused software licenses in the US and UK alone. It’s a serious problem that organizations can no longer ignore. 

Fortunately, through an integration with Lansweeper, Licenseware’s new Software Inventory Manager (SIM) app offers a transformative solution for software inventory and software license compliance management, that can help you reduce risks and simplify software license compliance across your IT asset estate.

No Software Left Behind

Licenseware is in the business of empowering IT leaders with the tools they need to manage their software assets effectively, and Lansweeper provides the market’s leading IT asset discovery and recognition platform, enabling organizations to quickly and easily create highly accurate and detailed asset inventories.

Together, these platforms address one of the biggest pain points that most organizations face: understanding and optimizing software usage.

SIM goes beyond simple software cataloging to provide insights that help businesses rationalize their software assets, match them to appropriate licenses, and flag potential compliance issues. 

SIM’s ability to recognize and analyze installed software – including unmatched assets – gives organizations a clear understanding of their software landscape. Using Lansweeper’s dynamic recognition capabilities, it ensures that no software asset is overlooked, and provides critical data to inform strategic decision-making regarding licensing, compliance, and cost management.

Customer Feedback at the Core

Licenseware and Lansweeper listened closely to the challenges faced by businesses in managing software assets, and SIM was developed to address these real-world needs. Whether it’s navigating the risks of software sprawl, keeping up with the pace of new software installations, or ensuring license compliance, SIM offers a holistic solution to SAM.

Using SIM,ou process your entire software inventory and benefit from advanced recognition, matching, and enrichment processes for a full, up-to-date view of your software environment. This ensures that your team has the visibility it needs to prioritize compliance and cost management while minimizing the risks associated with unmonitored software installations.

Simplify Compliance and Reduce Risk

SIM provides valuable, real-time insights into your software assets, flagging potential compliance risks and highlighting software that may result in costly audit findings. This proactive approach enables you to take action before problems escalate, reducing the potential for legal and financial consequences. 

SIM flags all software requiring a paid license while distinguishing free and open-source software, so you can see – at a glance – which licenses require monitoring and which software titles are fully compliant. With visibility into all installed software assets, you can make data-informed decisions around standardization and reducing redundant software and prioritize your work.

SIM’s monitoring capabilities help you to stay on top of license management, prevent overspending on unnecessary licenses, and avoid non-compliance risk and penalties, as well.

SAM as a Strategic Advantage

As software environments grow more complex, managing licenses and compliance becomes a significant challenge for organizations – and license audit tools can help. The integration of Lansweeper and Licenseware simplifies this process, offering businesses the visibility, control, and insights they need to reduce risks and optimize costs. 

SIM adds another layer of efficiency, ensuring that organizations can monitor their software assets in real time and make informed decisions that prioritize compliance and cost savings. Not only does this reduce costs and simplify compliance – it creates a strategic advantage for your organization and enables you to redirect previously wasted spend towards driving innovation.

Learn more about Lansweeper’s integration with Licensware. Additionally, feel free to browse our integrations to discover how Lansweeper fits seamlessly into your existing tech stack.